STAND. COM. REP. NO. 1258
Honolulu, Hawaii
, 2005
RE: S.B. No. 953
S.D. 1
H.D. 1
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Third State Legislature
Regular Session of 2005
State of Hawaii
Sir:
Your Committees on Agriculture and Water, Land, & Ocean Resources, to which was referred S.B. No. 953, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO REAL PROPERTY DISCLOSURES,"
beg leave to report as follows:
The purpose of this bill is to reduce burdensome litigation against agricultural producers by
requiring sellers of residential property located near agricultural land to disclose to buyers, in the disclosure statement provided to buyers, the close proximity of the agricultural land.The Department of Agriculture, Hawaii Farm Bureau Federation, and Maui County Farm Bureau supported this bill. The Hawaii Association of REALTORS opposed this measure.
Your Committees have amended this bill by:
(1) Changing the effective date to January 1, 2006, to allow affected parties additional time to implement the disclosure requirements contained in this bill; and
(2) Making technical, nonsubstantive amendments for style, clarity, and consistency.
As affirmed by the records of votes of the members of your Committees on Agriculture and Water, Land, & Ocean Resources that are attached to this report, your Committees are in accord with the intent and purpose of S.B. No. 953, S.D. 1, as amended herein, and recommend that it pass Second Reading in the form attached hereto as S.B. No. 953, S.D. 1, H.D. 1, and be referred to the Committee on Consumer Protection & Commerce.
Respectfully submitted on behalf of the members of the Committees on Agriculture and Water, Land, & Ocean Resources,
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____________________________ EZRA R. KANOHO, Chair |
____________________________ FELIPE P. ABINSAY, JR., Chair |
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